Lovers of sleek, luxurious, and insanely expensive cars, you’ve now got an American-made EV equivalent in the form of Cadillac Celestiq. General Motors just announced that it has finally started production at its factory in Michigan, but only in very limited numbers, of course. Here’s what that eye-watering starting price of $340,000 will buy you. Read more…
Mercedes-Benz EQS 450+ real world range test
The Mercedes-Benz EQS 450+ is the German brand’s first fully electric full-size sedan and as such it comes with great expectations. We already did a comprehensive review of the model a few months ago, but now it’s time to take a closer look at how it did in our range test. Our test example is the Mercedes-Benz EQS 450+ with… Read more…
GM pumps billions into the electrification of its Brazilian business
General Motors is investing around 1.4 billion dollars in Brazil by 2028 to focus primarily on electric cars. Under President Luiz Inacio Lula da Silva, Brazil is currently endeavouring to attract more investment in the automotive sector. Read more…
Lucid commissions expansion of its Advanced Manufacturing Plant in the US
The US electric car manufacturer Lucid Motors has opened the expansion of its plant in Casa Grande, Arizona. The new production area will primarily produce the manufacturer’s second model, the electric SUV Gravity. Read more…
Li Auto hits back after being mocked by Tesla for lack of technology
Li Auto released a range test comparison video of the Li Mega versus the Tesla Model X to show that its first BEV model has better performance. Read more…
Elkem develops iron-silicon powder for 3D printing of e-motor parts
Elkem has developed a new, specialised iron-silicon powder, which may allow the 3D-printing of components for electrical motors, with partners through an EU-funded project. Read more…
Charging solutions provider StarCharge mulling HK IPO, report says
StarCharge is considering an IPO in Hong Kong, potentially raising about $500 million and seeking a $5 billion valuation, according to Bloomberg. Read more…
Quick Charge Podcast: January 24, 2024
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. Read more…
SAIC-GM-Wuling launches battery pack for commercial NEVs
The battery pack, called “Wuling Red 1”, is 148 mm thick, which SAIC-GM-Wuling said is the thinnest battery for commercial vehicles. Read more…
Alfa Romeo Milano shown for the first time
The first all-electric Alfa Romeo is only a couple of months away and the company decided it was about time to let the world have a taste of what it has cooked up. Dressed in bright red camouflage, the little electric crossover promises to deliver a lot of fun. There aren’t as many automotive companies out there that evoke so… Read more…
Tesla gross margin slips further in Q4, to start production of new EV model in H2 2025
Tesla said its vehicle volume growth rate in 2024 could be notably lower than in 2023 as the team works to roll out next-generation vehicles at its Texas plant. Read more…
2023 balance shows Tesla accepting setbacks for more growth
Tesla celebrates its Model Y as the best-selling car in 2023 – the first for an electric car. The financial figures for Q4/2023 and the year as a whole show how the high-flyer has become a constant market player. Increases in turnover and profit of almost 20 per cent are impressive. However, a closer look at the balance sheets also reveals some growing pains. Read more…
Decision on US’s largest natural gas export terminal to be delayed
In a significant move, the White House will delay a decision on whether to approve what would be the US’s largest liquefied natural gas (LNG) export terminal, according to the New York Times. Read more…
Should Volvo take Polestar (PSNY) private? Investment research firm weighs in
Should Volvo take EV maker Polestar (PSNY) private? Investment research firm Bernstein says it may make more sense. Read more…
Elon Musk: Tesla aims for next-gen EV to come in late 2025
Elon Musk has disclosed that Tesla is currently aiming for its next-generation electric vehicles, which will include a much cheaper electric car, to come in late 2025. Read more…
Lucid CEO teases a mid-size Tesla Model 3, Model Y competitor in development
During a ribbon-cutting ceremony celebrating the opening of Phase 2 at its AMP-1 production facility in Arizona, Lucid Motors CEO Peter Rawlinson briefly teased the automaker’s third model in the works – a mid-size EV that will arrive as a direct competitor to the Tesla Model 3 and Model Y.. Read more…
Rivian May Reveal Its Next EV In March
Rivian could reveal its R2 vehicles on March 7, documents from a Laguna Beach City Council meeting show. Read more…
Rivian R2 to be introduced on March 7
Rivian’s R1S and R1T have gotten their fair share of praise from owners and reviewers alike, but the starting prices make them anything but affordable. The company knows this and is planning on introducing the R2 – a smaller and much more reasonably priced SUV, that was initially intended to start at around €37,000 (but that was last year, the… Read more…
Tesla’s Next-Generation Platform Will (Hopefully) Launch In 2025, Musk Says
Tesla CEO Elon Musk said he will need engineers “living” on the assembly line to make it happen, but that’s the plan. Read more…
Does China really mean to reduce its EV exports in response to trade complaints?
Governments in Europe and the US are increasingly alarmed about the rise of China’s EV industry, which has benefitted greatly from government subsidies (to say nothing of low-cost labor, technology transfers from Western automakers, and those same automakers’ reluctance to commit to electrification). Policymakers may invoke global trade rules to try to stem the tide…. Read more…
